Ex-Grabber on Grab
This week we discuss our views on the Grab and AGC merger given our experience working for the company. We also talk clubhouse, Bezos' last letter, and what Taylor Swift taught us about due diligence.
Dear Clients and Friends of Farrer Wealth Advisors, we are pleased to bring you the Farrer Wealth Biweekly Blast, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
Ex-Grabber on Grab -
As an ex-Grab employee or “Grabber” and a current investment advisor, we couldn’t help but comment on the Grab/AGC merger. Click here to read our views. (Not investment advice. Do your own diligence!)
Farrer Fun Fact
Clubhouse Exit: After a gangbuster start with much fanfare, Clubhouse’s active users count seems to be in decline as the app struggles to retain an audience and live audio attempts to find mass appeal. (source)
Articles and Videos of the Week
This twitter thread on Taylor Swift, intellectual property law, and due diligence disasters is the most fascinating piece we read over the last two weeks.
PressClub did an interview with Mark Zuckerberg (Facebook), Daniel Ek (Spotify), and Tobi Lutke (Shopify) jammed packed with takes on the creator economy and the future of audio. It is awesome.
Bezos’ last CEO letter was a masterpiece in PR, leadership, and taking a big bow. Our favorite quote from it: “If you want to be successful in business (in life, actually), you have to create more than you consume.” Check out the whole letter here.
If you liked our research piece on Evolution that we released last week and you want to learn more about their recent acquisition of Big Time, watch this interview. It has one of the highest useful content/time ratios we’ve seen in a while.
For all you Sea Limited bulls (which includes us) this MBA analyst put together a short thesis on the company during a Columbia Business School stock pitch challenge. Whether you agree with it or not, its always good to test your assumptions.